Bits and Bucks: Modeling complex systems by information flow

This paper presents a general method for modeling and characterizing complex systems in terms of flows of information together with flows of conserved or quasi-conserved quantities such as energy or money. Using mathematical techniques borrowed from statistical mechanics and from physics of computat...

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Bibliographic Details
Main Author: Lloyd, Seth
Format: Working Paper
Language:en_US
Published: Massachusetts Institute of Technology. Engineering Systems Division 2016
Online Access:http://hdl.handle.net/1721.1/102745